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Delwinds Insurance Acquisition Priced, NYSE: DWIN.U

Blank check company formed by The Gray Insurance Company targeting the insurance industry.

Industry: SPAC

Latest Trade: $10.14 0.00 (0.0%)

First Day Return: +0.6%

Return from IPO: +1.4%

Industry: SPAC

We are a newly organized blank check company. We intend to efficiently identify and complete an initial business combination within the insurtech, traditional insurance and insurance-related products and services industries, which we refer to as the insurance and insurtech sector. We believe that the insurance sector is highly fragmented presenting us with a number of value creation opportunities. We believe we are positioned to provide growth capital to these companies to take advantage of rapidly improving market conditions. Our growth equity and expertise also provide a solution for industry participants positioned to capitalize on a confluence of industry-specific factors contributing to financial and operational pressures in the sector. Our management team is led by Andrew J. Poole, our Chief Executive Officer and Chairman of our board of directors, and is supported by our Chief Financial Officer, accomplished board of directors and executive advisors who are recognized experts in the insurance sector. Our intent is to seek potential target businesses globally. The maturity and judgment of our management team and executive advisors will guide our acquisition process.
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IPO News for Delwinds Insurance Acquisition
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IPO Data
IPO File Date 09/11/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/10/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Houston, TX
Founded 2020
Employees 2